The Nürburgring has been officially sold!

The Nürburgring has been officially sold – for 100 million Euros!

The Nürburgring has been officially sold – for 100 million Euros!

After a year of questions, one of world’s greatest racetracks will remain in German hands.

Düsseldorf-based Capricorn Development put in a last-minute bid to buy the track for 77 million euros ($106.8 million), and it’s promising to invest a further 25 million euros ($34.7 million) into the historic racecourse. The company will take full ownership of the ‘Ring on January 1, 2015.

If Capricorn stays true to its word, then it looks like the tracks legacy is only going to get better. The ‘Ring lives!